But evicting high-speed traders from exchange data centers is a futile task, according to Mark Gorton, who is managing director of New York-based hedge fund Tower Research and Lime Wire, a music sharing service.
Gorton told Bloomberg that they will "find space in a data center that's across the street."
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio